If a participant is qualified under the Rule of 85, he is eligible, even though he is from 55 to 61 years of age, to receive the full Pension benefit that would otherwise be payable at the normal retirement age under the Plan (age 62).
To qualify under the Rule of 85 a participant’s age plus years of benefit service must total at least 85. A year of benefit service is defined as a plan year with at least 425 hours. For example, a participant who is 55 years old with 30 years of benefit service would qualify under the Rule of 85.
